Recent content by ARF

  1. A

    Aussie Expat in UAE - 90% Lend Possible

    Thanks Shahin. The problem with that approach is that the existing loans are with CBA, and refinancing them would take them above 80% LVR (hence trigger LMI). So it's not really an option as we run in to the same problem - they won't do LMI for someone with income in UAE Dirhams (the re-fi is...
  2. A

    Aussie Expat in UAE - 90% Lend Possible

    Hi All, Long time lurker on the boards here. I am looking for some information on the maximum LVR achievable for an Australian expat living in the UAE. From recent dealings with CBA (contract fell over today - c'est la vie), I was told that GE Money won't touch anyone who earns income in UAE...
  3. A

    Depreciation Without a PAYG Income

    Thanks monalisa! Sounds good! The building is about 15 years old, but there's about $10k of renovations and probably as much again in new furniture. Thanks for the info about CGT as well!
  4. A

    Depreciation Without a PAYG Income

    Hi All, I'm a long-time lurker, and don't post too much. I prefer to read and absorb the wisdom you guys provide!! I have an intersting situation as follows: On July 1 2011 my partner and I bought an apartment, and renovated it over the following 3 months (carpet, paint, furniture...
  5. A

    CBA no offset account w/ IO!

    That's what I do all the time. When the broker told me they had the $500 minimum transaction rule, he said it was to "reduce the amount of transactions from people's MISA accounts." Clearly that's a crock, because instead of taking $20 from the MISA (one transaction), I have to take $520 and put...
  6. A

    Young investors - tell all

    Hi all, I'm 23 now, bought a PPOR in April of 2009 when I was 22 (using the generous FHOG). Lived in it for 6 months and now am letting it while I rent with my girlfriend. I originally started in shares in 2008, gearing into index funds. When the FHOG boost came in I decided to buy a...
  7. A

    The right to bear arms

    Guns are not the problem (the main one anyway). The problem in the US is the entrenched poverty of many in just about every city. When children grow up in abject poverty, with violence, no education, no hope of ever getting a career or even a decent job, it is inevitable they will turn to crime...
  8. A

    Touchy topic - Murdered ***warning

    The only thing that would stop me from buying a murder house as an O/O (that I planned to live in for a long time) would be the motive for the murder. I'd want to find out if it was the person they were targetting, or a random act or someone specifically targeting the property (for whatever...
  9. A

    Internet Censorship - Trial starting now

    The filter is easily beatable. Use a free web proxy. If you want to visit banned-site.com, all you need to do is visit a proxy site and type "banned-site.com" into the search box. The proxy site will then call up the site for you. This way banned-site.com doesn't know who you are, but also your...
  10. A

    What have I done?? Joined Karate lessons!!

    My cousin is the owner / founder of GKR. Robert Sullivan: http://www.gkrkarate.com/people/profile.asp?profile=4 The business structure has been criticsed a lot, but hey, he is a VERY wealthy man, so its working for him.
  11. A

    "Rush of first home buyers but many aren't sure they can afford payments"

    Who decides what "Mortgage Stress" is anyway? I settled on my first home a month ago and my payments are well over 30% of my income and I'm not stressed in the slightest, its actually $50/wk cheaper than what I was renting and is literally across the street! But according to this, I'm in...
  12. A

    can u help re cheapest gas provider and saving on text messages

    TPG don't have contracted periods so you can cancel anytime without penalty. Which is good, because they absolutely suck! They may say $19.99 / month gives you $300 worth of calls, but then they charge like a wounded bull at over $1 / min. I made $400 "worth" of calls in three days that would've...
  13. A

    Auctions to be abolished

    I'd tend to agree that the younger generation is more into Socialism / Communism, and that's from a 22yr old. Majority of people I know support more govt control of everything, getting rid of the 'evil' private sector etc etc. I find it rather scary to be honest, as into the future this vast...
  14. A

    How much Board do your kids pay?

    I started work at 13 and all of my pay went to my parents, who gave me back a weekly allowance. They would take my money and put it into their mortgage offset account to save interest, and when I wanted a big-ticket purchase, they gave me the cash (if I had saved it). Once I turned 16 I had...
  15. A

    Vacant Possession - Tenant Refusing to Vacate

    Yeah I guess that's what I don't understand, why they can't just kick him out. Good! :) Perhaps, but it is bloody annoying! Thankyou for your help.
Back
Top